Trouble Brewing in Boeing Freighter Market?
Air cargo volumes are either growing slowly or shrinking slowly, depending on your point of view. In either case, though, this is not good news for Boeing.
Air cargo volumes are either growing slowly or shrinking slowly, depending on your point of view. In either case, though, this is not good news for Boeing.
Tuesday's top analyst upgrades, downgrades and initiations include American Airlines, CyberArk Software, Delta Air Lines, First Solar and VMware.
These top transports have been getting hit all year long. From a bounce-back perspective, they may offer investors a better opportunity than some of the other sectors that got hit recently.
In July, Boeing added 101 orders for new commercial planes to its order book, while rival Airbus took just 26 new orders in the month.
In a move that has been expected for at least two weeks, FedEx announced late Tuesday that it has placed a firm order for 50 additional Boeing 767-300F freighters.
The board of directors of FedEx met in Seattle over the weekend, and one of the items on the agenda was the purchase of more 767 cargo planes from Boeing.
It now appears that FedEx is about to place an order for as many as 50 of Boeing’s 767-300F freighters. The list price for the plane is $199.3 million, valuing an order…
FedEx is spreading its wings and preparing to take flight as the company looks to expand further into Europe with its most recent acquisition.
The sharp drop in FedEx shares betrays more about current market weakness than it does about FedEx in particular, or even delivery services in general.
FedEx reported mixed fiscal fourth-quarter financial results Wednesday before the markets opened.
FedEx is scheduled to report its fiscal fourth-quarter financial results on Wednesday before the markets open.
24/7 Wall St. has put together a preview of FedEx, Oracle and other companies reporting their quarterly results this week.
FedEx has announced that its board of directors declared a quarterly cash dividend of $0.25 per share, an increase of 25% from the previous level.
24/7 Wall St. has identified five coming dividend hikes that investors can bank on this summer -- though one of the five actually announced its hike before this was published.
Thursday's top analyst upgrades, downgrades and initiations include Antares Pharma, Michael Kors, Palo Alto Networks, Ralph Lauren, Chipotle Mexican Grill and Ericsson.